Sluggish real estate market hits circle rates in Gurgaon

thehindu. | June 27, 2016

The Haryana Government has approved 15 per cent decrease in collector rates (circle rates) of property in Gurgaon in view of the sluggish real estate market. It is for the first time in the history of the Millennium City, a premium real estate market, that the collector rates for property have actually been slashed. In the previous two financial years, 2014-15 and 2015-16, the collector rates were kept unchanged in the city. The city has been witnessing slowdown in the real estate market for the past three years thus significantly reducing the property transactions and bringing down the revenue to the State exchequer

Spotlight

SEO, otherwise known as search engine optimization, refers to the craft of boosting organic, quality website traffic through search engine results.  In layman’s terms, SEO is basically a formula that helps tell Google how to categorize your website, and when and where to show your links. Real estate SEO refers to keywords that are related to real estate, investing, business, and entrepreneurship. Let’s say you have a blog post on your website about how to buy an investment property for the first time. In order for people to find your content through Google, your links would ideally appear on page one of the search results.


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REAL ESTATE ADVICE

Explore the Luxury Home of Your Dreams Near the Nation's Capital

Gloria Rojas | June 20, 2022

Gloria Rojas, a top producer with Fairfax Realty Select recently listed two new homes for sale in Potomac, Maryland and Oakton, Virginia. Both stunning, custom properties are beautifully appointed, well kept, and located in excellent locations within easy, 30-minute access to Washington D.C. and the surrounding metro area. A Multi-Million Dollar Club Member and Top Producer since 2005, Gloria Rojas has been an elite licensed real estate advisor for nearly two decades. Her listings regularly fall within the DC metro area, in suburbs that welcome nearly any lifestyle – from cozy brownstones to full luxury estates fit for a dignitary. Potomac, Maryland: 11300 Glen Road A uniquely stunning 11,639 square feet custom-built property on 2+ acres, featuring a perfect blend of European and American stone-and-stucco cozy aesthetics. Outdoor, landscaped gardens, cherry-blossom trees, mature framing trees, with a private entrance and convenient circular driveway. It also comes with a 6-car garage. Custom trim, custom ceilings, soaring windows, Italian paint, and embassy-sized marble foyer with a monumental custom staircase complete with iron handrails are just a few of the home's exciting features. Ideally located just outside of DC, in the very exclusive community of Potomac, Maryland. Price: $3,100,000 Total Beds: 6 Total Baths: 5 full/ 2 half Total Sq. ft.: 11,639 on 2.01-acre property. Take a virtual tour of the home HERE. Oakton, Virginia: 2961 Trousseau Lane Nestled on a quiet street in the exclusive Northern Virginia neighborhood of Oakton and close to everything a homeowner could need, this home features a long driveway, gleaming hardwood floors, and spacious living areas. With other highlights like a stainless-steel gourmet kitchen, butler's pantry, a wet bar, guest suite on main level, and outdoor patio, this house is an Oakton treasure. Price: $1,299,900 Total Beds: 5 Baths: 5 full/2 half Total Sq. ft.: 5,826 on 0.15-acre property. Take a 3D tour of the home. Mrs. Gloria Rojas is extremely professional. She understands the difference between selling real estate vs. selling a home for her clients. When we decided to make the move to Washington D.C. metro area, we searched for the best realtor possible and we were extremely fortunate to work with Gloria. She guided my husband and I through the whole process and we were able to find our perfect home with no hassle and everything was transparent." A. Robertson About Gloria Rojas: Your Licensed Luxury Real Estate Advisor Since 2005, Gloria Rojas has been a trusted Washington DC real estate advisor to the elite, helping families find luxury homes and real estate investments with a wide variety of listings throughout the DC metro area, including Washington D.C., Northern Virginia and Maryland. A Top Producer and award-winning real estate professional, Gloria has striven to provide the best advice and service to her clients, especially when it comes to advising them with her expertise in listing a property, regardless of the price of the home, establishing her distinguished career over the course of nearly two decades. She holds a degree from University of Cambridge, located in the UK, a graduate degree from Sorbonne Université, located in Paris, France, and is fluent in English, Spanish, and French – earning her the respect and admiration of a truly global clientele, and her colleagues.

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REAL ESTATE TECHNOLOGY

Choice Properties Real Estate Investment Trust Announces Issuance of $500 million of Series R Senior Unsecured Debentures

Choice Properties Real Estate Investment Trust | June 21, 2022

Choice Properties Real Estate Investment Trust announced that it has agreed to issue, on a private placement basis in certain provinces of Canada, $500 million aggregate principal amount of series R senior unsecured debentures of the Trust that will bear interest at a rate of 6.003% per annum and will mature on June 24, 2032 (Debentures). Offering of Debentures The Debentures are being offered on an agency basis by a syndicate of agents co-led by TD Securities, CIBC Capital Markets, RBC Capital Markets, BMO Capital Markets and Scotiabank. Subject to customary closing conditions, the Offering is expected to close on June 24, 2022. The Trust intends to use the net proceeds of the Offering (i) to pay for the previously announced early redemption of Choice Properties Limited Partnership’s $300 million principal amount of 3.60% series 10 senior unsecured debentures on June 26, 2022, (ii) to repay all or a portion of the balance drawn on the Trust’s credit facility, and (iii) for general business purposes. It is a condition of closing of the Offering that the Debentures be rated at least “BBB” (high) with a “stable” trend by DBRS Limited and at least “BBB” by Standard and Poor’s Ratings Services. The Debentures will rank equally with all other unsecured indebtedness of the Trust that has not been subordinated. The Debentures being offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Debentures in any jurisdiction in which such offer, solicitation or sale would be unlawful. About Choice Properties Real Estate Investment Trust Choice Properties is a leading Real Estate Investment Trust that creates enduring value through the ownership, operation and development of high-quality commercial and residential properties. We believe that value comes from creating spaces that improve how our tenants and communities come together to live, work, and connect. We strive to understand the needs of our tenants and manage our properties to the highest standard. We aspire to develop healthy, resilient communities through our dedication to social, economic, and environmental sustainability. In everything we do, we are guided by a shared set of values grounded in Care, Ownership, Respect and Excellence.

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REAL ESTATE TECHNOLOGY

SkySlope Launches Breeze to Make Oregon Disclosures Fast and Effortless

SkySlope | June 03, 2022

SkySlope, the leader in real estate transaction software, has launched Breeze, an all-around simple and streamlined application making Oregon Real Estate Forms (OREF) disclosures easy for Oregon agents and sellers to complete. Since 2011, SkySlope has enabled brokers, agents, auditors, and transaction coordinators to track their deals while remaining compliant. Equipped with forms and a digital signature tool, SkySlope provides a frictionless workflow that saves time for agents. As the transaction management platform serving 35 percent of the top 20 largest brokerages in the U.S. and Canada, SkySlope is known for its award-winning customer experience. With the launch of Breeze, SkySlope gives agents the ability to prepare and send disclosures like the Oregon's Seller's Property Disclosure Statement (Form 020) at lightning speed. Breeze requires minimal preparation for agents to prepare and send disclosures to their clients in minutes, from anywhere. For home sellers, Breeze's TurboTax-style workflow helps simplify complicated and confusing disclosure forms—getting them completed quickly and with more confidence and accuracy. Breeze Features Streamlined disclosure preparation equipped with MLS data sync Status visibility, notifications, and easy revision requests Simple guided workflows with helpful tips for consumers Equipped with SkySlope DigiSign for free and unlimited digital signatures Seamlessly integrated with SkySlope's suite of products "Breeze is truly a one-stop-shop for faster disclosures," says Diana Costas of Golden Gate Sotheby's International Realty. "The guided workflow helps clients complete disclosures quickly and accurately and our agents can easily prepare disclosures, request signatures, and submit forms for compliance review." Disclosures are a common pain point for both agents and sellers. We're excited to launch a solution that takes a complicated process and makes it effortless for REALTORS® and home sellers." Tyler Smith,SkySlope CEO About SkySlope Established in 2011, SkySlope is a comprehensive transaction management platform for brokers, agents, auditors, and transaction coordinators to manage real estate transactions from anywhere at any time. In 2021, over 300,000 users across 8,000 offices used SkySlope to manage 2.25M transactions. SkySlope provides digital transaction management and services to help agents and brokers be more efficient and compliant. From automation to integrations, SkySlope's vision is to keep agents and brokers connected to the customer forever.

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BROKERAGE

The Real Brokerage Surpasses 5,000 Agent Milestone

The Real Brokerage Inc. | June 18, 2022

The Real Brokerage Inc., an international, technology-powered real estate brokerage, announced that it has surpassed 5,000 agents. The company has grown from 2,450 agents to 5,000 agents in the past 12 months, an increase of 104%. Over the past year, Real was listed on the NASDAQ Stock Exchange, launched a new platform for its technology, and broadened its brokerage operations to 44 states and the District of Columbia, with an addition of 13 states including Indiana, North Dakota, Minnesota, Montana, Iowa, Michigan, Idaho, Kentucky, Wyoming, New Mexico, Arkansas, Maine and Mississippi. The Company also added an international dimension, commencing operations in Canada, including Alberta and Ontario. The Company is focused on building a new model of national real estate brokerage that breaks away from franchise fees and brick-and-mortar offices and provides agents with an attractive financial incentive structure, innovative technology tools and an enterprising, ambitious culture. We've seen monumental success over the past year, and I believe a large part of that can be attributed to our agent attraction momentum and comprehensive tech solutions. Real attracts agents who are driven to succeed and who want to work with others who are equally as passionate. We build the technology and collaborative culture, and they continue to champion our growing community." Tamir Poleg, Real Chairman and CEO About Real Real is a technology-powered real estate brokerage operating in 44 U.S. states, the District of Columbia, and Ontario and Alberta, Canada. Real is building the future, together with more than 5,000 agents and their clients. Real creates financial opportunities for agents through better commission splits, best-in-class technology, revenue sharing and equity incentives.

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Spotlight

SEO, otherwise known as search engine optimization, refers to the craft of boosting organic, quality website traffic through search engine results.  In layman’s terms, SEO is basically a formula that helps tell Google how to categorize your website, and when and where to show your links. Real estate SEO refers to keywords that are related to real estate, investing, business, and entrepreneurship. Let’s say you have a blog post on your website about how to buy an investment property for the first time. In order for people to find your content through Google, your links would ideally appear on page one of the search results.

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